the apple

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check us out on Facebook http://www.facebook.com/PrimeInterest Follow us @ http://twitter.com/PerianneRT http://twitter.com/EnglishPI Here's what's in your Prime Interest today: Jamie's safe! America's fair-headed leader of JP Morgan Chase has retained his role as Chairman of the Board. It's rumored some of the other board members will be soon departing, but for now, the too-big-to-fail heads are breathing a sigh of relief -- as this proxy war was seen by some as a proxy on the entire industry. Keep your fingers crossed, Moynihan. Ouch! Did you feel that? That was the US hitting the debt ceiling over the weekend. No longer front page or even page six news, this unremarkable event went largely unnoticed. But not by the Treasury, which now uses its arsenal of "tools" to rob Peter to pay Paul. Reminds us of Chairman Bernanke's toolbelt he's so fond of talking about. You know, the one that will help him reign in price inflation in 15 minutes. Today we talk the debt ceiling and monetary madness with authors Michael Pento and Mark Melin. And, the Senate tried to take a bite out of Tim Cook this morning. But the Apple CEO didn't flinch after getting fleeced with accusations of tax-dodging. He said there's "no tax shifting going on." Senators were quick to praise Apple and its technological marvels, but they weren't so patient with Mr. Cook. Nevertheless, he was quick to point out that the next Mac will be made in Texas. Certainly, it won't be made by its profitable Irish subsidiary, which has no employees.